eamber646
30.06.2019 •
Mathematics
Tricia invested $8500 at 3% interest compounded annually. how much interest will she earn in 3 years a.$255.00 b.$788.18 c.$9288.18 d.$10,174.50
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Ответ:
Choice C) $9288.18
She has P = 8500 dollars to deposit for t = 3 years and it's compounded n = 1 times per year. So this means the final amount A is...
A = P*(1+r/n)^(n*t)
A = 8500*(1+0.03/1)^(1*3)
A = 8500*(1.03)^3
A = 8500*(1.092727)
A = 9288.1795
A = 9288.18
Ответ: